Gbp/Usd Overview and Outlook

Daily price action is Oversold, into a Short trend (sell resistance set-up), and a very wide down-trend channel. The overall trend changes to Long if 1.5450 is taken out. Gbp Fundamentals are Poor

Read more here:
Gbp/Usd Overview and Outlook

Tags: short

This entry was posted on Tuesday, March 9th, 2010 at 5:06 am and is filed under Action Forex News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.